Labrador Iron Ore Royalty (TSX:LIF) Dividend Payout Ratio : 1.53 (As of Dec. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Labrador Iron Ore Royalty Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Labrador Iron Ore Royalty's Dividend Payout Ratio for the months ended in Dec. 2024 was 1.53.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Labrador Iron Ore Royalty Corp is 1.10, which seems too high.

The historical rank and industry rank for Labrador Iron Ore Royalty's Dividend Payout Ratio or its related term are showing as below:

TSX:LIF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.78 Max: 1.18
Current: 1.1

During the past 13 years, the highest Dividend Payout Ratio of Labrador Iron Ore Royalty was 1.18. The lowest was 0.31. And the median was 0.78.

TSX:LIF's Dividend Payout Ratio is ranked worse than
88.34% of 283 companies
in the Steel industry
Industry Median: 0.36 vs TSX:LIF: 1.10

As of today (2025-03-31), the Dividend Yield % of Labrador Iron Ore Royalty is 10.02%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Labrador Iron Ore Royalty was 19.29%. The lowest was 2.84%. And the median was 7.68%.

Labrador Iron Ore Royalty's Dividends per Share for the months ended in Dec. 2024 was C$0.75.

During the past 12 months, Labrador Iron Ore Royalty's average Dividends Per Share Growth Rate was 17.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Labrador Iron Ore Royalty was 81.70% per year. The lowest was -20.60% per year. And the median was 41.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Labrador Iron Ore Royalty Dividend Payout Ratio Historical Data

The historical data trend for Labrador Iron Ore Royalty's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Labrador Iron Ore Royalty Dividend Payout Ratio Chart

Labrador Iron Ore Royalty Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.72

1.01

0.75

0.88

1.10

Labrador Iron Ore Royalty Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.56	0.48	1.41	1.32	1.53

Competitive Comparison of Labrador Iron Ore Royalty's Dividend Payout Ratio

For the Steel subindustry, Labrador Iron Ore Royalty's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Labrador Iron Ore Royalty's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Labrador Iron Ore Royalty's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Labrador Iron Ore Royalty's Dividend Payout Ratio falls into.

Save Embed

;

Save Embed

;

Labrador Iron Ore Royalty Dividend Payout Ratio Calculation

Labrador Iron Ore Royalty's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2024 )	/	EPS without NRI (A: Dec. 2024 )
	=	3	/	2.73
	=	1.10

Labrador Iron Ore Royalty's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	0.75	/	0.49
	=	1.53

Labrador Iron Ore Royalty (TSX:LIF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Labrador Iron Ore Royalty Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Labrador Iron Ore Royalty's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Labrador Iron Ore Royalty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Labrador Iron Ore Royalty Corp (TSX:LIF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LIFZF:USA

Address

31 Adelaide Street East, Po Box 957, Scotia Centre, Toronto, ON, CAN, M5C 2K3

Website

https://www.labradorironore.com

Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company is economically dependent on its subsidiary. The company, through its subsidiary, is engaged in mining the iron ore present on the IOC Lands leased under the Labrador Sublease and operating the associated mining facilities and plants required for the production of iron ore concentrate and pellets. These facilities are located at Labrador City. In normal circumstances, the subsidiary operates its facilities 24 hours a day on a year-round basis. The company generates the majority of its revenue from IOC royalties.

Executives

Dorothea Mell	Director
Douglas Mccutcheon	Director
Sandra Louise Rosch	Director
John Tuer	Director, Senior Officer
William J Corcoran	Director
Duncan Newton Rowell Jackman	Director
William Hugh Mcneil	Director
Patricia Mary Volker	Director